1715 S 18Th Street
Philadelphia, PA, 19145 $ 899,900
Bedrooms4 Baths0.0 Monthly Estimate*
$ 5,682
for $899,900 with 4 bedrooms. This home was built in 2026 on a lot size of 0.02.
Rare opportunity to own a brand-new, three-unit mixed-use property on a prominent corner in South Philadelphia, complete with a 10-year tax abatement and 1-year builder's warranty. The property includes a commercial space spanning the first floor and fully finished basement, plus two residential units, each offering two bedrooms across multi-level layouts. The projected gross potential income is $81,600 annually ($6800/month), consisting of $24,000/year from the commercial space ($2,000/month), $27,600/year from Unit 1 (2 bedroom, 2 bathroom at $2,300/month), and $30,000/year from Unit 2 (2 bedroom, 2 bathroom with private roof deck at $2,500/month). For an owner-occupant, the commercial space creates an opportunity to operate a business while the residential units generate income, or use all three units as an investment property with a projected 7.2% cap rate. Modern construction and finishes throughout include open-concept floor plans, wood flooring, recessed lighting, contemporary kitchens with quartz countertops, white shaker cabinetry and stainless steel appliances, stylish bathrooms, and in-unit laundry. The upper residential levels also offer access to a private roof deck with expansive city views. Located in the Point Breeze/Newbold area of South Philadelphia, this property offers convenient access to neighborhood restaurants, cafs, shops, fitness options, parks, and everyday amenities. Columbus Square and the Broad Street Line are nearby, with major routes including I-76 and I-95 providing easy access throughout Philadelphia and beyond. Center City, the stadium district, Philadelphia International Airport, and bridges to New Jersey are all within convenient reach. Whether you're looking to run your business from the commercial space, househack with two income-producing residences, or build your investment portfolio, this flexible new-construction property offers a rare combination of commercial utility, residential income, modern finishes, and long-term upside.
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FeaturesGeneralLiving Area 4335
Sewer Public Sewer
Heating Central Forced Air
Cooling Central A/C
Possession Immediate
Roof Fiberglass
Appliances Dishwasher Disposal Dryer Oven/Range - Gas Refrigerator Stainless Steel Appliances Washer
Zoning CMX1
Architectural Style Traditional
Construction Materials Brick
School District PHILADELPHIA CITY
Year Built 2026
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 81600.00
Accessibility None
County PHILADELPHIA
Net Operating Income 65280.00
New Construction Y
Property Type Multi-Family
Subdivision Name POINT BREEZE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Along S 18th St. Between Watkins St and Pierce St
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19145 (19145)
Lot Size Units Square Feet
Lot Size Square Feet 1088.00
Number of Units Leased 0
Tax Annual Amount 1819.0
Property Condition Excellent
Two Bedroom 2
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 207.59
Construction Completed Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 290
Cap Rate 7.20
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InteriorInterior Amenities Floor Plan - Open Recessed Lighting Wood Floors
Heating Fuel Natural Gas
Basement Fully Finished
Flooring Hardwood Ceramic Tile
Hot Water Electric
Total Stories 5
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Inclusions 2 refrigerators 2 washer/dryers
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 17.00 x 64.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 130000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,682
- Monthly Property Taxes
- $152
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $520,997
Percent of Sale Price 42%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $899,900 | | Listed Price |